Celebrating Homeownership

Each year during the month of June, the REALTOR® Association of South Central Wisconsin (RASCW) takes the opportunity to celebrate homeownership by showcasing individual homeowners, government officials, and various programs that protect and promote the American Dream of homeownership. Homeownership Month was created both to encourage current and future homeowners to be advocates for homeownership […]

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Why Madison is a Great Option for Retirees!

By Barbara Thompson Senior Care Advocate SeniorHomes.com Thinking about where you’d like to settle for your golden years?  Choosing a new city for your retirement is an exciting time.  You can base your decision on the things that make you happy rather than focusing on being close to work or considering where to raise a […]

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Time for a Bigger House – It’s No Child’s Play!

Time for a bigger house – It’s no child’s play! He’s “EGGstra” special! Call or text Randy Lenz! Call me at 608.444.1100 and let’s get something started today!

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Spring Homebuying

How the Spring Housing Market Can Benefit You

Today, many real estate conversations center on the lack of inventory for home buyers.  Don’t let this deter you from your home search!  This spring can be the optimum time for you to benefit as a home buyer!  That’s right … if you’ve been dabbling with the idea, NextHome Metro Group can help!  Let’s meet and discuss your options — don’t let this great opportunity slide by.  There’s no obligation, no pressure, when sitting down with a NHMG real estate professional for spring housing market insight and advice.

Here are the 4 top reasons to consider BUYING a home today:

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Increasing mortgage rates affect home value.

The Impact of Mortgage Rates on Home Values

Property Value Impacted by Mortgage Rates

Many real estate experts have noted the possible effect that rising rates will have now and in the near future on the value of homes.  Low mortgage rates were a major factor in the market’s recovery the past several years.

The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors (NAR) all project 2017 mortgage interest rates will rise. Increasing interest rates will definitely impact purchasers and may stifle demand.  The fed has already indicated they will most likely raise rates soon, possibly in March.

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